388 Yonge St #7507, Toronto

Name: 388 Yonge Street, Unit 7507
SKU: C13883002
Price: 1489000 CAD
Availability: InStock

3 Bed, 2 Bath Condo in Toronto

Unit 7507 at 388 Yonge Street

Rare luxury penthouse-style living at Aura Condos (388 Yonge St)! This sprawling 3-bedroom residence offers a sun-drenched, highly functional floor plan with soaring ceilings and floor-to-ceiling windows framing gorgeous unobstructed panoramic city views. The modern chef-inspired kitchen features premium integrated appliances, stone countertops, custom cabinetry, and a large center island-perfect for family living and entertaining. Three generously proportioned bedrooms offer abundant natural light and ample storage, headlined by a primary retreat with a walk-in closet and a spa-like ensuite bathroom. Direct indoor PATH connection to College Subway Station, underground shopping, IKEA, and dining! Steps to Toronto Metropolitan University (TMU), U of T, Financial District, Hospital Row, and the Eaton Centre. World-class 5-star amenities include a 40,000 sq ft fitness facility (Crunch Fitness), 24hr concierge, guest suites, outdoor lounge terrace w/ BBQs, and private party lounges. Includes 2 parking & locker. An exceptional trophy asset in the heart of downtown Toronto!

3 bedrooms, 2 bathrooms, about 1,400 sq ft, works out to roughly $1,064 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up

Inside 388 Yonge St #7507

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 1400-1599 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

388 Yonge St #7507 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 9, 2026For saleListedThis listingMLS® C13883002$1,489,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 388 Yonge St #7507 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,559 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $850,000
Average sold price: $1,083,462
Average days on market: 31
Homes sold: 9,547

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$850,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4969.5%On average, homes sold at or above asking.
Active listings12,688Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 13 – Jul 12, 2026: prices up.

Based on 9,547 sales from Jul 12 – Oct 10, 2026 (6,503 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 7507 — 388 Yonge Street 3 bd · 2 ba · 1,400 sqft	$1,489,000asking	$1,064	—	—
95 Mcmahon Drive 2 bd · 2 ba · 700 sqft
33 Harbour Square 2 bd · 2 ba · 1,400 sqft
65 Sheldrake Boulevard 3 bd · 2 ba · 2,500 sqft
890 Sheppard Avenue 2 bd · 2 ba · 900 sqft
5785 Yonge Street 2 bd · 2 ba · 1,000 sqft
77 Maitland Place 2 bd · 1 ba · 800 sqft

95 Mcmahon Drive
2 bd · 2 ba · 700 sqft
33 Harbour Square
2 bd · 2 ba · 1,400 sqft
65 Sheldrake Boulevard
3 bd · 2 ba · 2,500 sqft
890 Sheppard Avenue
2 bd · 2 ba · 900 sqft
5785 Yonge Street
2 bd · 2 ba · 1,000 sqft
77 Maitland Place
2 bd · 1 ba · 800 sqft

More in this building

3 for sale · 3 for rent at 388 Yonge St — plus its sale and lease history.

See all of 388 Yonge St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

College StationLine 1130 m2 min walk
TMU StationLine 1360 m4 min walk
Queen's Park StationLine 1610 m8 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

College Station (Line 1)2 min walk
TMU Station (Line 1)4 min walk
Queen's Park Station (Line 1)8 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

College Station
130 m2 minClosest· Line 1
Homes near College Station
TMU Station
360 m4 min· Line 1
Homes near TMU Station
Queen's Park Station
610 m8 min· Line 1
Homes near Queen's Park Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 388 Yonge St #7507. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 388 Yonge St #7507

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,315; 20% down · 25 years · 5.5% assumed
Property tax: $819; 0.66% mill rate · ON
Total per month: $8,134; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,315

/mo

based on the purchase price of $1,489,000

Down payment20%

$297,800 cash

Amortization25 yr

$1,191,200 financed

Rate5.50%

$1,003,303 total interest

Principal54%$1,191,200

Interest46%$1,003,303

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 388 Yonge St #7507

How much is 388 Yonge St #7507 listed for?

388 Yonge St #7507 is listed at $1,489,000 (MLS® C13883002). Summitly updates the price as soon as the MLS® record changes.

Is $1,489,000 a good price for 388 Yonge St #7507?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 388 Yonge St #7507 changed?

No — 388 Yonge St #7507 is still listed at its original asking price of $1,489,000.

How many bedrooms and bathrooms does 388 Yonge St #7507 have?

388 Yonge St #7507 has 3 bedrooms and 2 bathrooms, with about 1,400–1,599 square feet of living space. It is a condo in Toronto.

Is 388 Yonge St #7507 close to transit?

The nearest rapid-transit station is College Station (Line 1), about 130 m (about a 2-minute walk) in a straight line. TMU Station is about 360 m (about a 4-minute walk), and Queen's Park Station is about 610 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 388 Yonge St #7507?

About $7,315 a month — principal and interest on $1,489,000 with 20% down ($297,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 388 Yonge St #7507 compare with other homes in Toronto?

Its asking price of $1,489,000 is about 75% above the median sold price in Toronto over the last 90 days, $850,000, across 9,547 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 388 Yonge St #7507 been sold before?

Summitly has no earlier MLS® sale or lease of 388 Yonge St #7507 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 388 Yonge St #7507?

388 Yonge St #7507 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 388 Yonge St #7507 been on the market?

1 day — 388 Yonge St #7507 was listed on October 9, 2026.

What is the price per square foot of 388 Yonge St #7507?

About $931 to $1,064 per square foot: the asking price of $1,489,000 over the 1,400–1,599 sq ft the listing gives as its size range.

Does 388 Yonge St #7507 have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

What you should know